Bitcoin is a 'collectible that doesn't behave like a collectible,' Damodaran suggested.
Bitcoin is a “collectible that doesn’t behave like a collectible,” Damodaran suggested.
Interestingly, he labeled it “millennial gold” in August last year, predicting it could gain global acceptance should it become less volatile.Professor Damodaran, also known as “the Dean of Valuation,” recently expressed skepticism regarding bitcoin’s potential and current status. He views it as a currency that nobody uses and a “collectible that doesn’t behave like a collectible.
“A good currency, in my view, is one that [is] used to buy coffee, buy your house, buy a car, and on that count, bitcoin has failed, and not just failed, it’s failed miserably.”
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Kevin Costner Is Reportedly Doing a 180 on His Legal Strategy During Messy Divorce From Christine BaumgartnerWe definitely weren't expecting this change of heart!
Weiterlesen »
How Should Muscle Mass Be Measured in Heart Failure?In patients with heart failure, mid-upper arm circumference and arm muscle circumference are more associated with prognosis than skeletal muscle mass index or calf circumference, data suggest.
Weiterlesen »
Check Your Health- Raising Awareness That Women's Number One Health Risk is Heart DiseaseDid you know that heart disease is the No. 1 killer of women, causing 1 in 3 deaths each year? That’s approximately one woman every minute.But it doesn’t affect
Weiterlesen »
Marketers overstate fish oil claims for heart health, study showsWhile a diet rich in seafood can lower risk of heart disease, studies haven’t shown the same benefit from fish oil supplements.
Weiterlesen »
BYRON SHEWMAN, 1947-2023: San Diego volleyball great had a heart for humanitarianismByron Shewman played at Mar Vista High School and SDSU before representing Team USA. His legacy of helping local kids and the disenfranchised lives on.
Weiterlesen »
Skipping Aspirin After Heart Attack Raises Odds for RecurrenceIf you’ve had a heart attack, your doctor likely told you to take a low-dose aspirin daily to stave off a second heart attack or stroke, but most people don’t follow through with this advice over the long-term.
Weiterlesen »